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Apr 23, 2013
04/13
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they are against a plan on connecting sales tax on internet purchases. ebay says this tax could hurt small businesses. the senate overwhelmingly agreed to start to debate this year. the proposal exempts online retailers with less than a million dollars in sales a year. >>> there's a new sign the housing market is getting stronger. the commerce department says of new single family homes rose 1.5% in march. march sales jumped 18.5% higher than during march last year. the national average price fell 7% from february to march. >>> the mare construction industry is see -- the bay area construction industry is seeing more jobs. nearly 14,000 jobs were added to the bay area economy last year. that's the most since the start of the recession. this expanded the total numbers of jobs by 10-point -- by 10% 5%. >>> we're hearing reports of flight delays because of furloughs. it started sunday. yesterday there were reports of delays at east coast airports. and up to three hours in los angeles, at l.a.x. we've learned san francisco has 38 controllers and three to four will be furloughed each day.
they are against a plan on connecting sales tax on internet purchases. ebay says this tax could hurt small businesses. the senate overwhelmingly agreed to start to debate this year. the proposal exempts online retailers with less than a million dollars in sales a year. >>> there's a new sign the housing market is getting stronger. the commerce department says of new single family homes rose 1.5% in march. march sales jumped 18.5% higher than during march last year. the national average...
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Apr 23, 2013
04/13
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and neal haze being filmed in louisiana, tax credits there make filming less expensive. when the game stands tall is due out next fall. >>> let's check in with sal, how is the commute? >> you know it is actually all right but let's start with the bay bridge, that is backed up for a 20 to 35 minute delay which is the norm and no accidents on the bridge. this is a look in san francisco and that traffic looks pretty good if you are driving through and on the peninsular southbound to 182, it is a 20 minute drive. here is steve. >>> it is really cool and foggy for some warm for others, big differences for many, 50s and 60s closer to coast and bay. >>> coming up on mornings on 2 we have been on since 4:30 this morning, gunfire led to an all night standoff with s.w.a.t. , it just ended moments ago. >>> and a one word answer the surviving bombing suspect gave to investigators, stay with us.
and neal haze being filmed in louisiana, tax credits there make filming less expensive. when the game stands tall is due out next fall. >>> let's check in with sal, how is the commute? >> you know it is actually all right but let's start with the bay bridge, that is backed up for a 20 to 35 minute delay which is the norm and no accidents on the bridge. this is a look in san francisco and that traffic looks pretty good if you are driving through and on the peninsular southbound to...
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Apr 22, 2013
04/13
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KTVU
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since there was no organizer for the event, city tax payers have to pay for it. >> big bucks there. >>> a warm start to the week but how long will it last. steve paulson will tell us when to expect a cooldown. >>> and check this out. a young boy a very horrifying close call with an alligator. we'll tell you how he was able to survive. >>> it looks like we have some slowing on southbound 101. this may be due to an earlier crash near candlestick. we'll give you the update straight ahead. [ male announcer ] enjoy delicious chicken made the way you say at subwa. with our oven roasted chicken, now a $3 six-inch select. make it your own with melty monterey cheddar or creamy ranch. and during april, the black forest ham is also a $3 six-inch select. subway. eat fresh. >>> a south florida boy is lucky to be alive after he was attacked by an alligator. he and his father planned to go canoeing off boynton beach. he wandered to the edge and an alligator bit on the right side of his body. >> grabbed my arm. i couldn't get out. >> i'll punching the alligator on top of the head as hard as i could.
since there was no organizer for the event, city tax payers have to pay for it. >> big bucks there. >>> a warm start to the week but how long will it last. steve paulson will tell us when to expect a cooldown. >>> and check this out. a young boy a very horrifying close call with an alligator. we'll tell you how he was able to survive. >>> it looks like we have some slowing on southbound 101. this may be due to an earlier crash near candlestick. we'll give you...
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Apr 22, 2013
04/13
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it would exempt them from the state sales tax. that financial incensive will help steer customers and consumers toward buying hybrids and also reduce pollution as well. >>> sal is covering traffic. bay bridge. i feel like i'm on the verge of a sneeze. >> she's got a sneeze. it's just waiting. >> i will take it from here. we will turn the microphones off for a second and you can have a couple sneezes. i know how that feels. i better not think about it. i may sneeze too. westbound bay bridge. westbound traffic a little bit of a backup here. usually the metering lights don't go on until 6:15 or so. if this continues they may go on a little bit early. if you are driving on interstate 880 it still looks pretty good in oakland. and on the peninsula 101 and 280 are also looking good if you are taking the san mateo bridge it has been a nice drive. 5:49 let's go to steve. >>> thank you. clear skies. fog coming up the coast down and around point conception. and also roaring down the coast but still well enough offshore it's not even close y
it would exempt them from the state sales tax. that financial incensive will help steer customers and consumers toward buying hybrids and also reduce pollution as well. >>> sal is covering traffic. bay bridge. i feel like i'm on the verge of a sneeze. >> she's got a sneeze. it's just waiting. >> i will take it from here. we will turn the microphones off for a second and you can have a couple sneezes. i know how that feels. i better not think about it. i may sneeze too....
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Apr 17, 2013
04/13
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KTVU
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it will receive up to $300,000 in annual tax revenue. neighbors in the area expressed concern about how more air traffic and noise levels would harm them but the mayor insisted that signature and the other jet companies will adhere to the curfew in place from 11:30 p.m. to 6:00 a.m. we talked to an airport official about the howl and how they will -- how they will benefit and how the airport needs the money. we'll bring that to you coming up in the next hour of "mornings on 2." janine de la vega, ktvu channel 2 news. >>> coming up next -- the senate prepares to take action on the issue over gun control. how the votes are stacking up for extended background checks. and what california dianne feinstein said on the senate floor years ago. >>> this year's host of the oscars. he's now at the center of a controversy tied to the boston marathon bombings. >>> 30s, 40s and 50s on the low. it's clear for everybody. windy for some. highs today warming up. a lot of 70s, low to mid. temperatures will continue to warm up. >>> we're getting word of del
it will receive up to $300,000 in annual tax revenue. neighbors in the area expressed concern about how more air traffic and noise levels would harm them but the mayor insisted that signature and the other jet companies will adhere to the curfew in place from 11:30 p.m. to 6:00 a.m. we talked to an airport official about the howl and how they will -- how they will benefit and how the airport needs the money. we'll bring that to you coming up in the next hour of "mornings on 2." janine...
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Apr 24, 2013
04/13
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KTVU
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this raises suspicion whether tamerlan tsarnaev used tax payer to finance the blot. in the meantime, his issue, katherine russell, hid her face as she left her parents' home in rhode island. she issued a statement through her attorney saying she was stunned by the terrorist plot and doing all -- all she can to assist in the investigation. >>> as a mother, sister, daughter, wife, katie deeply mourns the pain and loss to innocent victims. >> katherine russell dropped out of college to marry tamerlan tsarnaev in 2010. they do have a 3-year-old daughter. >>> 8:05. relatives of september 11th victims may get a second chance at college scholarship money raised in their names. a recent investigation shows california has ejected more than $15 million from special license plates honoring the victims. some of that money was supposed to provide scholarships for the victim's families. an audit shows less money was received. the schoolership inded up -- schoolership ended up closing to new apply can'ts. they may reopen -- apply can'ts. they may reopen -- applicants. they may reop
this raises suspicion whether tamerlan tsarnaev used tax payer to finance the blot. in the meantime, his issue, katherine russell, hid her face as she left her parents' home in rhode island. she issued a statement through her attorney saying she was stunned by the terrorist plot and doing all -- all she can to assist in the investigation. >>> as a mother, sister, daughter, wife, katie deeply mourns the pain and loss to innocent victims. >> katherine russell dropped out of college...
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Apr 16, 2013
04/13
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people doing their own taxes but for tax professionals trying to process returns. late today the state's website was reportedly working normally again. >>> oakland police say they are searching for a man who reportedly molested 7-year-old girl while posing as a plumber. investigators say the man was led inside an apartment on tenth street on saturday by claiming he was there to check for leaks. once in the apartment police say he was left alone with the girl in a room and began to molest her. when the girl screamed a family member came into the room and the man ran off. he's described as a white man in his early to mid-50s. 6'tall, 160 pounds, with light brown hair and a white beard. >>> an 8-year-old boy's heart stopped after he was hit with a pitch during a little league game. >> he was gasping for breath. >> in two minutes hear from the people who jumped into action to save him. >>> also portions of a national park in california shut down. why social media is being partially blamed for this. >> i will show you when it will finally die down and temperatures will
people doing their own taxes but for tax professionals trying to process returns. late today the state's website was reportedly working normally again. >>> oakland police say they are searching for a man who reportedly molested 7-year-old girl while posing as a plumber. investigators say the man was led inside an apartment on tenth street on saturday by claiming he was there to check for leaks. once in the apartment police say he was left alone with the girl in a room and began to...
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Apr 24, 2013
04/13
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it was shrinking property tax revenues. four or five stations were shutdown this year now two more or on the chopping block. firefighters say that would dramatically increase response times. >> obviously minutes count, seconds count often and then on a fire emergency this allows a fire to get bigger. and looking at the budget it looks like the station closed unless we come up with something creative before. >> county leaders say there hands may be tied because voters rejected a partial tax measure to beef up staffing levels. final vote is expected may 14. >> police are hoping to solve a cold missing persons case with the hell f of forensic artist. he was 20 years old when he disappeared 10 years ago. he was five feet, 10 inches tall. shane was last seen in the arch stone apartment on owens drive back in september 2003. take a look, now, this is a new age progression picture drawn by forensic artist. it shows shane as he would appear now at the age of 32. shane is asked to contact police. >> in conquer, police are still look
it was shrinking property tax revenues. four or five stations were shutdown this year now two more or on the chopping block. firefighters say that would dramatically increase response times. >> obviously minutes count, seconds count often and then on a fire emergency this allows a fire to get bigger. and looking at the budget it looks like the station closed unless we come up with something creative before. >> county leaders say there hands may be tied because voters rejected a...
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Apr 22, 2013
04/13
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. >> it's going to be more taxes for the state. i think that's pretty critical. >> reporter: this airport runs some 80,000 oerpgs -- operations a year with about a dozen controllers. huge for the pilots who are based here. there's a flight school and a restaurant, where the owner says better to have fewer controllers than none at all. >> they will have to scale it up with the skeleton group. we're not imposing a danger to the pilots that are flying in and out of the this field. >> reporter: faa towers like this one are safe from closing until at least next year. but more than 100 others under federal contract are slated to shut in june. meanwhile, airline and pilot organizations are suing to halt the furloughs already under way. reporting live in santa rosa, debra villalon, ktvu channel 2 news. >>> five people parked outside a san jose nightclub early today may all manage to avoid being wounded when someone fired multiple rounds right into their car. this all happened around 2:00 outside the fiesta nightclub. police say an argument
. >> it's going to be more taxes for the state. i think that's pretty critical. >> reporter: this airport runs some 80,000 oerpgs -- operations a year with about a dozen controllers. huge for the pilots who are based here. there's a flight school and a restaurant, where the owner says better to have fewer controllers than none at all. >> they will have to scale it up with the skeleton group. we're not imposing a danger to the pilots that are flying in and out of the this...
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Apr 23, 2013
04/13
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KQED
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when amazon.com began to collect sales tax. there was not a rush of customers from amazon to the main street. reason? >> they do not buy online to avoid sales tax, they buy online for lower prices, choices and convenience. the internet is here to stay. and businesses turn to the internet to reach customers. those are the ones that will run head long into the border less world that david talks about. now it's without borders for the tax department. >> address the constitutional portions that it brings up? >> the supreme court said in 1992, a time we were talking about catalogs. that that time, state laws were too complex for everyone. guess what? we are in a different day and age, everyone knows electronic commerce, the internet is here to take. it's robust and what you have now is because congress has not acted you are giving a subsidy to online retailer that is not needed. what we need to do is treat everyone the same. if you have customers in a state with a sales tax, you should collect and remit. >> steve, you got the first
when amazon.com began to collect sales tax. there was not a rush of customers from amazon to the main street. reason? >> they do not buy online to avoid sales tax, they buy online for lower prices, choices and convenience. the internet is here to stay. and businesses turn to the internet to reach customers. those are the ones that will run head long into the border less world that david talks about. now it's without borders for the tax department. >> address the constitutional...
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Apr 24, 2013
04/13
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they believe the white house has an agenda to convince americans a tax increase is needed. >> trying to convince the american people, that there are no circumstances under which we can ever cut spending at all. >> reporter: we are expecting to hear reaction from the faa administrator. he is expected to talk at a hearing in just 45 minutes. live in washington, kyla campbell ktvu channel 2 news. >>> new this morning, dozens of people have been killed after a garment factory building collapsed in bangladesh. hundreds of people are injured. the collapse comes five months after a fire at another garment factory killed 112 workers. employees who survived the collapse today, say that a crack in the building was detected yesterday but that they were still told to report to work. >>> in hawaii that a violent clash between authorities in what the government calls a terrorist gang left 21 people dead. that happened in a northwest region of the country. 15 police officers and local government officials are among those killed in the violence. according to the chinese gang -- a local activist from
they believe the white house has an agenda to convince americans a tax increase is needed. >> trying to convince the american people, that there are no circumstances under which we can ever cut spending at all. >> reporter: we are expecting to hear reaction from the faa administrator. he is expected to talk at a hearing in just 45 minutes. live in washington, kyla campbell ktvu channel 2 news. >>> new this morning, dozens of people have been killed after a garment factory...
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Apr 22, 2013
04/13
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. >> i feel like they are already getting money from taxes. they charge you for everything in the world. i think it's an added cost that is not necessary. >> they are messy. people throw them everywhere. they do plug stuff up. i would like it to be a little cleaner for my grand kids as they grow up. >> californian's reuse about 20 billion plastic bags every year. today some stores will hand out their bags for free. you keep your bags in the trunk and forget them so i ask people on facebook a very funny conversation going on about where people keep their bags. how they remember to bring their bags. >> after going in and having to pay because they are in the car i'm going to start remembering them now. >> right. maybe there is the incentive. >>> good morning, everybody. let's take a look at what we have now. we have a new crash in san francisco i want to mention. northbound 101 near the 280 interchange. one car hit the wall there. it's causing slow traffic coming up from near candle stick. let's go out and take a look at commute at the bay bridg
. >> i feel like they are already getting money from taxes. they charge you for everything in the world. i think it's an added cost that is not necessary. >> they are messy. people throw them everywhere. they do plug stuff up. i would like it to be a little cleaner for my grand kids as they grow up. >> californian's reuse about 20 billion plastic bags every year. today some stores will hand out their bags for free. you keep your bags in the trunk and forget them so i ask...
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Apr 23, 2013
04/13
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senate today voted overwhelmingly to take up a bill that could impose sales tax on all internet sales. today's vote clears the way for debate and attempts later this week. it would then go to the house of representatives. the bill would exempt online retailers with less than a million a year in sales. >>> protesters in san francisco used the annual environmental event as a call to arms. [ drums beating ] >> at the epa's regional headquarters, a diversion crowd of demonstrators spoke out against a variety of problems. they criticized the investigation into last summer's richmond refinery fire and also protested against hydraulic fracking for natural gas. >> we're here to ask the epa to stop the expansion of the toxic wasteland filling our town. >> these people are really frustrated. many of them low-income minority folks from the bay area that feel like there's too much pollution in the neighborhoods. >> the protesters then marched to the state department offices where they stepped up their protests to civil disobedience. the epa administrator said 40 years after the first earth day, t
senate today voted overwhelmingly to take up a bill that could impose sales tax on all internet sales. today's vote clears the way for debate and attempts later this week. it would then go to the house of representatives. the bill would exempt online retailers with less than a million a year in sales. >>> protesters in san francisco used the annual environmental event as a call to arms. [ drums beating ] >> at the epa's regional headquarters, a diversion crowd of demonstrators...
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Apr 23, 2013
04/13
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over 80% of the uninsured are filing taxes. we know where they are so they won't be able to collect those fines. also may represent an opportunity to get those uninsured people signed up. you're already putting a lot of information, your social security number, your income. that's enough information to tell the government what you qualify for. you qualify for medicaid or to qualify for exchange? that will be an easy way to get people signed up that having to have them take the extra step of signing up through a separate application or another person or going to the post office or wherever you're going to see these basically. >> host: jenny gold is a correspondent with kaiser health. kaiser health news.org. thank you so much for coming on today. >> guest: thank you. >> discussion of cybersecurity and critical infrastructure including the electric grid thinking and air travel. >> the museum is meant to help a visitor relive the first eight years of the 21st century. the museum explains the decision-making process that i went thro
over 80% of the uninsured are filing taxes. we know where they are so they won't be able to collect those fines. also may represent an opportunity to get those uninsured people signed up. you're already putting a lot of information, your social security number, your income. that's enough information to tell the government what you qualify for. you qualify for medicaid or to qualify for exchange? that will be an easy way to get people signed up that having to have them take the extra step of...
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Apr 19, 2013
04/13
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KICU
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maybe it is the fear that we all had with the government cutbacks and also the tax hike that we had - that's the increased payroll tax for social security that we saw - so that is biting into the economy. but clearly, almost all the data, not only here but around the world, has come out weaker, so that is real; and combine that with some disappointing earnings on balance, and i think that is cause for concern or pause for the market right now. - gold futures made a mighty move to the downside this week. what are you seeing in gold mining stocks? - wow, i tell you, it was a real blowout in gold. gold is one of those assets, but i look at gold back in '08 was, i think, a low $600, and it is now still, what, close to $1,400? so, a set-back was ok, it was just one of those classic commodity washouts. gold miners, on the other hand, they have lagged the price of gold for the past several years at least, and a lot of that has to do with their cost of production and some of the acquisitions they've made and some of the operating cost or lack of management of such. so it's a little different.
maybe it is the fear that we all had with the government cutbacks and also the tax hike that we had - that's the increased payroll tax for social security that we saw - so that is biting into the economy. but clearly, almost all the data, not only here but around the world, has come out weaker, so that is real; and combine that with some disappointing earnings on balance, and i think that is cause for concern or pause for the market right now. - gold futures made a mighty move to the downside...
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Apr 22, 2013
04/13
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FBC
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tax only charges $0.15 for the gas tax. number to. wyoming. $0.14 gas tax help this state have overall prices $3.33 a gallon. number one states is alaska's only $0.8 on a gallon goes to the government but has the second-highest price only be high range hawaii. the highest gas tax is due york 77-gallon. the whole world is like that with new york. more on unions to infiltrate the charter schools and we bring the latest, the boston bombings and lou dobbs gives us his take. @ at od, whatever business you're in, that's the business we're in. with premium service like one of the best on-time delivery records and a low claims ratio, we do whatever it takes to make your business our business. od. helping the world keep promises. gerri: charges filed in the boston and bombing the 90 killed has been charged with conspiracy to use a weapon of mass destruction and mirandize. it carries a possible death sentence he is still in a hospital in serious condition. the white house decided to try him in a federal court system instead of t
tax only charges $0.15 for the gas tax. number to. wyoming. $0.14 gas tax help this state have overall prices $3.33 a gallon. number one states is alaska's only $0.8 on a gallon goes to the government but has the second-highest price only be high range hawaii. the highest gas tax is due york 77-gallon. the whole world is like that with new york. more on unions to infiltrate the charter schools and we bring the latest, the boston bombings and lou dobbs gives us his take. @ at od, whatever...
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Apr 24, 2013
04/13
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FBC
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, we just tax people. we have seen it before. fundamentally, there does need to be reform in washington, $100 billion a year in corporate welfare, crony capitalism that needs to be looked at money from that should be us used at the gn energy. neil: i we think we should drop all subsidies. >> this green energy stuff is crony capitalism. neil: just, get rid of them all, what do you think? >> neil, we're in middle of that, new tech is a government guaranteed lender, that program is worked for 53 years, this year because of the risk sharing between new tech and government a zero subsidy item. there are times where government, does play an active and important role. but -- >> that is a lendinga i'm talking about with a government assuming the role of propping up an stray, or providing -- a industry or providing tax break to give an advantage, i think whether it is oil, or solar or anything in between, stop it. >> government should not be in venture capital business. neil: us can be a little bit pregnant. >> wel
, we just tax people. we have seen it before. fundamentally, there does need to be reform in washington, $100 billion a year in corporate welfare, crony capitalism that needs to be looked at money from that should be us used at the gn energy. neil: i we think we should drop all subsidies. >> this green energy stuff is crony capitalism. neil: just, get rid of them all, what do you think? >> neil, we're in middle of that, new tech is a government guaranteed lender, that program is...
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Apr 24, 2013
04/13
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KGO
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. >> reporter: he organizes and agitates and lobbies for a tax on carbon. he gets arrested for protesting that big new pipeline from canada. and tries to convince colleges to dump their oil company stock. >> so to somebody who says it's a very common political phrase, we need an all of the above strategy, we need clean energy, solar panels, but we also need the keystone xl pipeline because our economy depends on it. and people in emerging markets need to eat. to that you need to say? >> we've got to change because our economy depends on changing. if we let global warming get out of hand, the effects on our economy are equivalent to world war 1, world war ii, and the great depression combined. we look back an the first earth day in 1970. 20 million americans were in the streets, 1 in 10 of the current population then. that's the kind of movement we're going to need if we're going to stand up to the power of this industry and make the change that we need. >> our thanks to bill weir for that report. and thank you for watching abc news. tune into "good morning
. >> reporter: he organizes and agitates and lobbies for a tax on carbon. he gets arrested for protesting that big new pipeline from canada. and tries to convince colleges to dump their oil company stock. >> so to somebody who says it's a very common political phrase, we need an all of the above strategy, we need clean energy, solar panels, but we also need the keystone xl pipeline because our economy depends on it. and people in emerging markets need to eat. to that you need to...
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Apr 24, 2013
04/13
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six years the bank didn't foreclose and she was told she was liable for the taxes the whole time. gerri: oh my goodness. the other ramification is if you have one of these homes in your neighborhood it hurts everybody's fried. there is a depressive effect on the market. have you seen that play out? >> no question. in some areas that is playing out and what some consumer advocates are saying is this is discriminatory because a lot of the neighborhoods tend to be heavily minority populated, tend to be lower-income neighborhoods so that is the way that consumer advocates are trying to get at the bank for this because there's no actual law that prevents them from not foreclosing. gerri: you would think it is in their best interests to do that but it is not right now. how do you see this playing out? how long will it take banks to unload this stuff? finally get rid of it, get it off of the books so we can move on, one of the things keeping the housing market where it is. >> if hour recording shows this non foreclosure, the zombie homes or bank walk aways is quite recent and getting big
six years the bank didn't foreclose and she was told she was liable for the taxes the whole time. gerri: oh my goodness. the other ramification is if you have one of these homes in your neighborhood it hurts everybody's fried. there is a depressive effect on the market. have you seen that play out? >> no question. in some areas that is playing out and what some consumer advocates are saying is this is discriminatory because a lot of the neighborhoods tend to be heavily minority populated,...
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Apr 23, 2013
04/13
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FBC
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tax only charges $0.15 for the gas tax. number to. wyoming. $0.14 gas tax help this state have overall prices $3.33 a gallon. number one states is alaska's only $0.8 on a gallon goes to the government but has the second-highest price only be high range hawaii. the highest gas tax is due york 77-gallon. the whole world is like that with new york. more on unions to infiltrate the charter schools and we bring the latest, the boston bombgs and lou dobbs gives us his take. at tyco integrated security, we consider ourselves business optimizers. how? by building custom security solutions that integrate video, access control, fire and intrusion protection. all backed up with world-class monitoring centers, thousands of qualified technicians, and a personal passion to help protect your business. when your business is optimized like that, we are tyco integrated security. and we are sharper. hey everybody, hi mom... streaming live with a tour of my new place... knowg you can still reach out. ... and now you've seen it. that's powerful
tax only charges $0.15 for the gas tax. number to. wyoming. $0.14 gas tax help this state have overall prices $3.33 a gallon. number one states is alaska's only $0.8 on a gallon goes to the government but has the second-highest price only be high range hawaii. the highest gas tax is due york 77-gallon. the whole world is like that with new york. more on unions to infiltrate the charter schools and we bring the latest, the boston bombgs and lou dobbs gives us his take. at tyco integrated...
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Apr 19, 2013
04/13
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CNBC
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> welcome back. we will have the very latest on the manhunt in boston in a moment. let's round up headlines in the business world first. courtney reagan with that. >> thank you, maria. stocks closing higher but for the week, the major end sis slumped. the dow and s and sp dropped more than 2%. boeing's dreamliner may be back in the air jen. u.s. aviation regular lay tomorrows approving a series of fixes on the 787. the faa saying it will issue instructions to operators that will allow the 787 to return to service with the battery system modifications. >>> shares of apple posting the second largest weekly decline in 2 1/2 years, down more that 9 percent. shares are down 45% from hitting the all-time high in september, marking a loss of more than $294 billion in fact cap. >>> ibm is trading down more 8%, marking
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> welcome back. we will have the very latest on the manhunt in boston in a moment. let's round up headlines in the business world first. courtney reagan with that. >> thank you, maria. stocks closing...
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Apr 16, 2013
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people doing their own taxes but for tax professionals trying to process returns. late today the state's website was reportedly working normally again. >>> oakland police say they are searching for a man who reportedly molested 7-year-old girl while posing as a plumber. investigators say the man was led inside an apartment on tenth street on saturday by claiming he was there to check for leaks. once in the apartment police say he was left alone with the girl in a room and began to molest her. when the girl screamed a family member came into the room and the man ran off. he's described as a white man in his early to mid-50s. 6'tall, 160 pounds, with light brown hair and a white beard. >>> an 8-year-old boy's heart stopped after he was hit with a pitch during a little league game. >> he was gasping for breath. >> in two minutes hear from the people who jumped into action to save him. >>> also portions of a national park in califo >>> a mother and father attending their son's baseball game on saturday sprang into action when another young player was hit by a pitch sto
people doing their own taxes but for tax professionals trying to process returns. late today the state's website was reportedly working normally again. >>> oakland police say they are searching for a man who reportedly molested 7-year-old girl while posing as a plumber. investigators say the man was led inside an apartment on tenth street on saturday by claiming he was there to check for leaks. once in the apartment police say he was left alone with the girl in a room and began to...
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Apr 24, 2013
04/13
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the gop can eliminate sequestration by approving a debt reduction plan that includes taxes from the wealthy through the closing of loopholes." "these cutbacks, with all the harm that's being caused to the traveling public, there's just no reason that i can see that justifies what's being done here." flight delay information is available at faa.gov. a bill will be introduced in the senate today aimed at banks that are considered too-big-to- fail. the legislation is meant to reduce risk at banks carrying more than $500 billion in assets. under the bill, the nation's largest lenders would have to raise the amount of money on hand, known as capital standards. the bi- partisan legislation is backed by a senate democrat and republican. they say the intent is to guard against the need for a taxpayer bailout in a financial crisis. the ceo and board of directors at citigroup will face key questions from an analyst at today's shareholder meeting. mike mayo, a respected analyst at clsa, is said to have purchased shares of citigroup so he could attend today's sharholder meeting and question the leaders
the gop can eliminate sequestration by approving a debt reduction plan that includes taxes from the wealthy through the closing of loopholes." "these cutbacks, with all the harm that's being caused to the traveling public, there's just no reason that i can see that justifies what's being done here." flight delay information is available at faa.gov. a bill will be introduced in the senate today aimed at banks that are considered too-big-to- fail. the legislation is meant to reduce...
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Apr 23, 2013
04/13
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i think what we see inexas is that taxes, you know, leads t nation in terms of numbers of worker fatalities, and i think that that is a consequence of not being diligent enough in terms of making sure that the facilities that are operating across the state are complying with the state and federal laws that are out the in existence. melissa: so, i mean, this is a problem that could touch anyone in our audience because in texas alone there are 1100 of these little local facilities, fertilizer that sell ctom blends. this is all around the country. what is the bottom line on who you think should be responsible or who is responsible for making sure that they are in compliance and that the emergency response teams are not putting themselves in harm's way when they g in to try and help in the emergency situation? >> well, that's right. i think, you know, there are a number of things that could be done. for instance, the fact that a school and a rest home and hospital or all in very close proximity to the fertilizer plant, i think that is an issue. you know, that is something that needs to be resol
i think what we see inexas is that taxes, you know, leads t nation in terms of numbers of worker fatalities, and i think that that is a consequence of not being diligent enough in terms of making sure that the facilities that are operating across the state are complying with the state and federal laws that are out the in existence. melissa: so, i mean, this is a problem that could touch anyone in our audience because in texas alone there are 1100 of these little local facilities, fertilizer...
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Apr 24, 2013
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>> more taxes. there are so many hidden taxes in the affordable healthcare bill, which is a strange name, that we all are going to be paying. you know, initially, just the rich. then the semi-rich. then the nonrich. you know, the money has to come from someplace. what happens when the government grows to this size -- this is what the founding fathers warned us against. >> neil: in other words, the more you want, the more you have to pay and they tapped the rich and it's not enough to pay the bills. so how far down the so-called food chain do you see this going? >> obviously it's going to affect everyone eventually. also you have to remember that when you affect one segment of the population, we don't live in isolation, every segment will be affected. so the people who create jobs, if you're hurting them, they're not going to create as many jobs. on and on it goes. it's a continuum. we're all in the same boat. we need to be talking about things that work for everybody in an efficient way. >> neil: a
>> more taxes. there are so many hidden taxes in the affordable healthcare bill, which is a strange name, that we all are going to be paying. you know, initially, just the rich. then the semi-rich. then the nonrich. you know, the money has to come from someplace. what happens when the government grows to this size -- this is what the founding fathers warned us against. >> neil: in other words, the more you want, the more you have to pay and they tapped the rich and it's not enough...
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Apr 23, 2013
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how many pay taxes? we don't know. how many will pay taxes if they get jobs? how much will they pay in taxes? we don't know. what is the real cost of illegal immigration to the u.s.? the real cost? hohonest square, accounting? what is this answer. what are those illegal immigrants paying in taxes and providing in the way of services to others in this country, some are i imencely productive? what is the cost of the jobs they hold, is there no cost? is it true they only work in industries where americans don't top work. this that is find just give us an answer, do we as a nation make money? do we benefit? do we prosper because of illegal immigration. you hear everyone say we're a nation of immigrants, why don't they say a nation of illegal immigrants? the questions go on and on, is the path to citizenship appropriate? is it good or bad for the economy? it is good for american society. the real question becames after 10 years of debating this issue, why in the world don't we havv tse answers? that's the big question. if you have been watching politics, and washin
how many pay taxes? we don't know. how many will pay taxes if they get jobs? how much will they pay in taxes? we don't know. what is the real cost of illegal immigration to the u.s.? the real cost? hohonest square, accounting? what is this answer. what are those illegal immigrants paying in taxes and providing in the way of services to others in this country, some are i imencely productive? what is the cost of the jobs they hold, is there no cost? is it true they only work in industries where...
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Apr 23, 2013
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warrick wants to allow it to sold and taxed in a way that monitors how alcohol is sold and taxed. it is a little more complicated than that because of a little thing call the federal government. and he is tasked with ill plemting the new law, new law a professor of public policy at ucla and author of "marijuana cost of abuse, cost of control." welcome, mark. you're advising washington state on how to implement their new law. what are you doing? what are you advising? such that the law is implemented and people behave in a way that is responsible? and is not about we want more people to get high but we don't want people who are committing nonviolent offenses to be crimin criminalized? >> right. we don't want hundreds of millions of dollars in washington state going to revenues. i'm not sure what did the report you just quoted, but anybody who thought there was $46 billion in available in revenues has been smoking something. that's not going to happen. there is some revenue available. but the point you made is the right point. how do you have cannabis available to adults for respons
warrick wants to allow it to sold and taxed in a way that monitors how alcohol is sold and taxed. it is a little more complicated than that because of a little thing call the federal government. and he is tasked with ill plemting the new law, new law a professor of public policy at ucla and author of "marijuana cost of abuse, cost of control." welcome, mark. you're advising washington state on how to implement their new law. what are you doing? what are you advising? such that the law...
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Apr 16, 2013
04/13
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so unless money was going either to uncle sam for taxes or to meet margin calls, like mandy suggested, people were stockpiling greenbacks. good idea, or is cash while still safe not a good bet? first to you, is cash king or is it the most unattractive asset out there right now? >> it's need. nothing beats it, i do think, though, investors can probably do better in the existing marketplace, so i think unless you're really risk averse or need the cash, you can probably do better. whether it's stocks or bonds, or even commodities as much as have been beating down lately. the question is, is where -- >> well, first of all, the children's hospital that michael just made. to me gold -- cash, parking spot. i think the concerns, of course, that during periods of volatility. there's a tend anyto gravitate. cash is one of the places where you want to put money on a very short-term basis. now the real issue here is about what gold represents in terms of a safe haven. we've always argued that gold is not an up permeable, if protects against extreme outcomes. it protects against the basement of cu
so unless money was going either to uncle sam for taxes or to meet margin calls, like mandy suggested, people were stockpiling greenbacks. good idea, or is cash while still safe not a good bet? first to you, is cash king or is it the most unattractive asset out there right now? >> it's need. nothing beats it, i do think, though, investors can probably do better in the existing marketplace, so i think unless you're really risk averse or need the cash, you can probably do better. whether...
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Apr 23, 2013
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hisó[ proposal eliminate the state sales tax for anyone buying hybrid or electric vehicle. 3000 dollar savings of a green energy car. gas leap powered vehicle generate 40 percent of the state air pollution. >> great story. 13-year-old girl from fremont got an opportunity to share some of her scientific knowledge with the president today. jessica was among 30 students from across the nation who attended the third white house science fair. met the president. got firsthand look at invention that won the stem competition. that's the nation top science technology engineering and math competition. >> want you to know that you have got a whole country behind you as you pursue your dreams. and your success is going to be our success as well. >> all right? >> way to go. >>reporter: young jessica awarded for her project thaebingt uses led lights to help strengthen tired eye muscle and improve peripheral vision. how impressive is tha that. >> well, then, this. 2 high school students in nova scotia asked canadian astronaut what it would be like to dip a wash cloth into water and then squeeze it. s
hisó[ proposal eliminate the state sales tax for anyone buying hybrid or electric vehicle. 3000 dollar savings of a green energy car. gas leap powered vehicle generate 40 percent of the state air pollution. >> great story. 13-year-old girl from fremont got an opportunity to share some of her scientific knowledge with the president today. jessica was among 30 students from across the nation who attended the third white house science fair. met the president. got firsthand look at...
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Apr 22, 2013
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a few states don't collect sales tax. it means that everybody else in the country is subsidizing their employers. when you say it's bad for small business, i don't understand why. it's the small brick and mortar companies that are being hurt by the current law and, therefore, we're losing employment in states among small retail outlets not on the internet because we're subsidizing thee other states who don't collect the sales tax. >> senator ayotte, your response. >> my response is this is a big money grab from the states. can you imagine requiring these online businesses to collect for almost 9,600 tax jurisdictions throughout the country. talk about burdens on businesses. by the way, this is big retailers and business lining up for smaller online businesses to have to do their tax collection for states. it is so wrong. actually the last thing we should do and a precursor to other things they will try to grab using the internet including taxing the ber net in my view. >> i wasn't for if sales tax until i saw art laffer o
a few states don't collect sales tax. it means that everybody else in the country is subsidizing their employers. when you say it's bad for small business, i don't understand why. it's the small brick and mortar companies that are being hurt by the current law and, therefore, we're losing employment in states among small retail outlets not on the internet because we're subsidizing thee other states who don't collect the sales tax. >> senator ayotte, your response. >> my response is...
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Apr 24, 2013
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i would much rather see a full tax report of a low rate, flat tax. get rid of all this garbage and nonsense. >> ah! >> have one low rate which jerry brown proposed in 1982 and be done with all these other problems. >> we double tax investment and savings. why don't we just tax consumption. in other words, investment savings is the seed core of the whole country. that's why new jobs, new income. why would we want to tax savings, much less double and triple tax? >> sadly, larry, in washington, much of the economics profession as well does not understand that investment is the mother's milk of pros period of time. without investment, you don't get a higher standard of link. trying to put caps on capitalization is ridiculous. we should be moving back through the flat tax or other reforms and in terms of what the president proposed on 401 ks, larry, you know and i know that's the beginning. first of all, they lied no us about social security, they are double taxed. we were told they would not be taxed when we were retired. they've moved back on that promi
i would much rather see a full tax report of a low rate, flat tax. get rid of all this garbage and nonsense. >> ah! >> have one low rate which jerry brown proposed in 1982 and be done with all these other problems. >> we double tax investment and savings. why don't we just tax consumption. in other words, investment savings is the seed core of the whole country. that's why new jobs, new income. why would we want to tax savings, much less double and triple tax? >> sadly,...
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Apr 23, 2013
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to tax. "varney & company" about to begin. > >> any politician gets 70 million votes is larger than you and me as much as i hate to admit. it look at the winning smile and trusting eyes and i made myself vital, after 22 years in congress, i can smell which way the wind is blowing. stuart: kevin spacey, we show you that clip why "house of cards" a hit show only showing on netflix and that's why the stock will soar from the opening bell. look at it up nearly 25% pre-market and offered a month free with "house of cards" as the bait and people liked it, big jump in subscribers, almost as many pay for netflix as h.b.o. that means streaming arrived. and apple likely be to be the stock of the day along with netflix and earnings later. tim cook, pressure on him. apple hasn't had a break through since he took over and the entire financial team is on scrutiny. four apple executives are among the top paid of all 500 top company ceo's, get between 68 and 85 million dollars a year. a lot more than tim coo
to tax. "varney & company" about to begin. > >> any politician gets 70 million votes is larger than you and me as much as i hate to admit. it look at the winning smile and trusting eyes and i made myself vital, after 22 years in congress, i can smell which way the wind is blowing. stuart: kevin spacey, we show you that clip why "house of cards" a hit show only showing on netflix and that's why the stock will soar from the opening bell. look at it up nearly 25%...
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Apr 24, 2013
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basically if you are in a state where the store isn't, you'll have to pay online taxes. you're in north carolina, you buy from an online store that's based in north carolina, you have to pay taxes. if you are in another state and you buy from that store, technically you're supposed to pay taxes but they don't have to collect them. >> nobody does it? >> nobody does it. >> not all small businesses would be affected by this law, right? a lot of them are upset. why? >> if you have less than $1 million in revenue you are not affected by this. small businesses are split on this. depends who you compete against. if you are a small business doing a lot of sales on the internet and people don't have to pay sales tax, then that's an advantage to you, right? you can be cheaper than walking down the street and buying from a big box store. on the flip side, if you're a small business and you're doing most of your business in your state, then suddenly you're at a disadvantage because someone can buy something online from somebody else and not pay taxes. >> there's an additional concer
basically if you are in a state where the store isn't, you'll have to pay online taxes. you're in north carolina, you buy from an online store that's based in north carolina, you have to pay taxes. if you are in another state and you buy from that store, technically you're supposed to pay taxes but they don't have to collect them. >> nobody does it? >> nobody does it. >> not all small businesses would be affected by this law, right? a lot of them are upset. why? >> if...
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Apr 22, 2013
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this is the internet tax we heard about for so long. would this make you less likely to shop on the internet? log on to facebook.co facebook.com/afterthebell, tell us what you think. we'll read your answer as little later this hour. ♪ . [ male announcer ] at his current pace, bob will retire whene's 153, which would be fine if bob were a vampire. but he's not. ♪ he's an architect with two kids and a mortgage. luckily, he found someone who gave him a fresh perspective on hisortfolio. and with some planning and effort, hopefully bob n retire at a more appropriate age. it's not rocket science. it's just common sense. from td ameritrade. liz: been a long time since we've seen a stock react like this in the after markets especially to the upside. take a look at shares of netflix, soaring after-hours following first-quarter earnings. we have back to nicole petallides. this is significant jump on very solid numbers. >> it is unbelievable to watch netflix after-hours on the move. we talked about a few things. let's first go over the numbers
this is the internet tax we heard about for so long. would this make you less likely to shop on the internet? log on to facebook.co facebook.com/afterthebell, tell us what you think. we'll read your answer as little later this hour. ♪ . [ male announcer ] at his current pace, bob will retire whene's 153, which would be fine if bob were a vampire. but he's not. ♪ he's an architect with two kids and a mortgage. luckily, he found someone who gave him a fresh perspective on hisortfolio. and...
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Apr 23, 2013
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the local merchant who pays property taxes. >> nine states have enacted online sales taxes. enforcement thus far has been lax. the marketplace fairness act would require the states to provide online retailers with new software to process the new transactions. >> this bill has nothing to do with federal taxes. nothing. secondly, this bill does not impose any new taxes whatsoever. >> as might imagine, many online retailers and their allies on capitol hill are hesitant to click i agree. they cite the existence of 10,000 state municipal tax codes. >> while complying with so many codes might not be a big deal for large online retailers. it's actually a huge burden for the little guys. >> the marketplace fairness act is unprecedented in its reach to discriminate against the internet, employers, and states with modest or no sales taxes. >> after years of opposition, amazon.com last year relented. ebay sought a carveout for online retailers doing up to 10 million in annual sales and having not got continue still opposes the factor place fairness act. with the senate moving senate gr
the local merchant who pays property taxes. >> nine states have enacted online sales taxes. enforcement thus far has been lax. the marketplace fairness act would require the states to provide online retailers with new software to process the new transactions. >> this bill has nothing to do with federal taxes. nothing. secondly, this bill does not impose any new taxes whatsoever. >> as might imagine, many online retailers and their allies on capitol hill are hesitant to click i...
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Apr 22, 2013
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why should they trust us to fix the tax code when we use their tax dollars to create artificial market for uncompetitive industries? why should they trust our vision of a free society when we give special privileges to is opposed nonprofits like planned parenthood, public broadcasting, agricultural checkoff programs, and the export-import bank why should americans trust us at all when too often we do not trust them, when we vote for major legislation negotiated in secret without debating it, and without even reading it, it deliberately exploiting the people from their own government? to conservatives, a quality needs to mean equality for everyone. the second principle to guide our agenda is diversity. or as you might have heard a call elsewhere, federalism. the biggest reason the federal government makes too many mistakes is it makes too many decisions. most of these are decisions the government does not have to make and therefore should not. every state in the union as a functioning constitutional government, and just as important, each state has the unique political and cultural hist
why should they trust us to fix the tax code when we use their tax dollars to create artificial market for uncompetitive industries? why should they trust our vision of a free society when we give special privileges to is opposed nonprofits like planned parenthood, public broadcasting, agricultural checkoff programs, and the export-import bank why should americans trust us at all when too often we do not trust them, when we vote for major legislation negotiated in secret without debating it,...
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the government spends almost 1 million tax dollars a year on nothing. that's later in the grapevine. first, the defense makes a brazen and astounding move in the murder trial of a philadelphia abortion doctor. >>> george w. bush presidential library and museum is the 13th presidential museum in the national archives and records administration. it's the only one with a full scale replica where you can sit behind the desk, answer the phone, take pirs tires. having been in that oval office during the bush years, i can tell you this looks exactly the same down to every detail. coming outside, they're making final preparations for the big day. it's a very rare event on stage to get four form jer presidents altogether. it will happen on thursday. on this side you'll have the carters and clintons. on this side you'll have president bush and mrs. bush. 43. president bush and mrs. bush, 41 and you'll have the current president and mrs. obama. a big day as you look ought over the lectern there will be people from around the world and the country in a packed area.
the government spends almost 1 million tax dollars a year on nothing. that's later in the grapevine. first, the defense makes a brazen and astounding move in the murder trial of a philadelphia abortion doctor. >>> george w. bush presidential library and museum is the 13th presidential museum in the national archives and records administration. it's the only one with a full scale replica where you can sit behind the desk, answer the phone, take pirs tires. having been in that oval...
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Apr 24, 2013
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>> an applicant for rpi statue may not file on application unless the individual has satisfied all tax obligations to the irs. if the alien was authorized to work in the u.s., with those have been collected? they were not big of a rise, it was a significant restriction. >> the intent of the bill is to make sure any people moving to rpi is paying all taxes. if the language has to be clarified, that is what the committee process is for. >> thank you very much. i see my time is expired. thank you very much. >> thank you. i wanted to thank you very much. this is a broad reaching portion. i'm grateful for you doing your very best, particulate at this time when we open this hearing for reflections on the tragedies in boston and west texas. i am from the mid-atlantic, what assurance can negus of islam to -- what assurance could you give us that comprehensive immi ther dn reform won;''t furhter d egrade the ability to perform custom issues? >> this is to make sure that the additional activities are defined.-- and fees and fines an thd the like. this'll help the economy grow and every state. >>
>> an applicant for rpi statue may not file on application unless the individual has satisfied all tax obligations to the irs. if the alien was authorized to work in the u.s., with those have been collected? they were not big of a rise, it was a significant restriction. >> the intent of the bill is to make sure any people moving to rpi is paying all taxes. if the language has to be clarified, that is what the committee process is for. >> thank you very much. i see my time is...
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Apr 22, 2013
04/13
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cheryl: more tax pain. legislation to boost internet sales taxes. peter barnes is standing by. >> i think the last 20 years, cheryl. this legislation has led to a titanic lobbying battle between brick-and-mortar retailers and many internet retailers led by ebay. it appears that it finally passed congress this year. in part because so many states need the revenue so badly. it means you would be required to collect sales taxes nationwide from no more than 9600 tax jurisdictions across the u.s. for brick-and-mortar retailers, we have an app for that. >> they will provide for software from the states to help small businesses comply. we think that online marketplaces like ebay could also serve this function. therefore, we think it would be reasonably easy for many businesses to comply with this law. peter: states say this legislation could help collect $23 billion. california alone could pull in an extra $4 billion a year. the fight right now is really over an exemption small online retailers. ebay is pushing for an exemption of under 10 million or 50 em
cheryl: more tax pain. legislation to boost internet sales taxes. peter barnes is standing by. >> i think the last 20 years, cheryl. this legislation has led to a titanic lobbying battle between brick-and-mortar retailers and many internet retailers led by ebay. it appears that it finally passed congress this year. in part because so many states need the revenue so badly. it means you would be required to collect sales taxes nationwide from no more than 9600 tax jurisdictions across the...
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Apr 24, 2013
04/13
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. >> other democrats are suggesting closing what is known as the corporate jet tax loophole to pay for the air traffic controllers. there is bipartisan proposal would give department of transportation more leeway to transfer money from one account to another to restaff the faa control towers. that has some bipartisan support there. still not enough momentum where seems like something would pass confess anytime soon. back to you. david: i love idea saving money you never intended to spend in the first place. you can't afford not to buy this. quite a sales gimmick. liz: exactly. david: sometimes it works. thank you very much. liz: see if they bite on that one. plenty of entrepreneurs would absolutely dream of having amazon buy their company. so what is it exactly that amazon looks for before purchasing a company? our next guest is on the inside working to sell a company to the tech giant and interviewed a bunch of amazon acquirees to find out what catches amazon's eye. david: also we'll tell you, and i'm sure a lot of people have perfect examples of this. the least and the most stressful
. >> other democrats are suggesting closing what is known as the corporate jet tax loophole to pay for the air traffic controllers. there is bipartisan proposal would give department of transportation more leeway to transfer money from one account to another to restaff the faa control towers. that has some bipartisan support there. still not enough momentum where seems like something would pass confess anytime soon. back to you. david: i love idea saving money you never intended to spend...
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Apr 16, 2013
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that's like a tax on everything we do. it's not a productive activity. >> i felt it coming into manhattan today. there were more police officers at the bridges and tunnels, people were pulled over on the side of the roads checking cars. took me a long time to get here today because of that. that's out of pocket. >> yeah, it's money. it's time. you spend more time in transitions between home and work, on travel, and think in the past decade of the amount of money this country spent on making people safe. that's an important endeavor in and of itself, but that's not hiring people or investing in new technology. that's not growth. that's a cost. >> after 9/11, or in 2011, we were just on the precipice of the economy turning, and then 9/11 hits. >> 9/11 hits, the recession, people remember that. that was the first of the jobless recoveries. think back. it took a long time. it was during that period we were trying to build a regulatory apparatus to make people safe, a physical app apparatus, and it's not a coincidence we had a
that's like a tax on everything we do. it's not a productive activity. >> i felt it coming into manhattan today. there were more police officers at the bridges and tunnels, people were pulled over on the side of the roads checking cars. took me a long time to get here today because of that. that's out of pocket. >> yeah, it's money. it's time. you spend more time in transitions between home and work, on travel, and think in the past decade of the amount of money this country spent...
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Apr 23, 2013
04/13
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for millions of us, a new tax may -- may be on the way. first to sue with the new york stock exchange. >>> and you said it, ty, the bulls are indeed jumping for sure on wall street. the dow right now is up triple did you get, up 137 points or so on the dow jones industrial average. the nasdaq is up 37, almost 38 points, the s&p 500 is at 1577. that's a gain of 15 1/2 points. the russell 2000 is participating as well with the biggest percentage gain of those indices, up 12 points. bob pisani and art cashing, director of floor operation joins me, and the reason i point out the russell is it's the broader-based index, which bodes well i think for the bulls today. >> it's big. it's been a real drag. the russell which has a lot of smaller caps built in also had kind of trailed. people used that divergence to say maybe things aren't right. the fact we're all plays together, particularly the russell -- >> playing nicely in the sandbox, bob. >> it's a great relief. the earnings turned out well. last week we saw ge and tech tron, a bit of disappoin
for millions of us, a new tax may -- may be on the way. first to sue with the new york stock exchange. >>> and you said it, ty, the bulls are indeed jumping for sure on wall street. the dow right now is up triple did you get, up 137 points or so on the dow jones industrial average. the nasdaq is up 37, almost 38 points, the s&p 500 is at 1577. that's a gain of 15 1/2 points. the russell 2000 is participating as well with the biggest percentage gain of those indices, up 12 points....
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Apr 22, 2013
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. >> the replace cuts with other cuts and tax increases on the wealthy. >> this fight is playing out in court as well. the nation's airline association is suing the f.a.a. to halt these furloughs claiming that the administration has the authority to cut elsewhere. bret? >> bret: rich edson at washington's international airport. rich, thanks. wall street is trying to recover from its worst week of the year. the dow gained 20. the s&p 500 was up 7. the nasdaq finished up 27.50. >> we're not so sure about obama phone, however. whether he likes it or not, and even though he didn't create it, chief news correspondent the president is linked to another popular give away program. >> what started out as an effort ronald reagan help people in poor areas have a phone in rural areas has mush roomed in what rit particulars suspect is a new welfare program. >> the cost has gone from $143 million a few years ago to $2.2 billion today. a 15 times increase. >> the cost of the program left after cell phones were added in 2008. only low income people on welfare legally qualify but lawmakers say the pr
. >> the replace cuts with other cuts and tax increases on the wealthy. >> this fight is playing out in court as well. the nation's airline association is suing the f.a.a. to halt these furloughs claiming that the administration has the authority to cut elsewhere. bret? >> bret: rich edson at washington's international airport. rich, thanks. wall street is trying to recover from its worst week of the year. the dow gained 20. the s&p 500 was up 7. the nasdaq finished up...
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Apr 23, 2013
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he wants to end the spending cuts so he can raise taxes. you know it and i know it. and kevin brady knows it. thank you, mr. brady, we appreciate it. >> thank you. >> very much. now, folks, some more bad news. i don't know. a huge insider trading scandal broke earlier this month. a washington lobbyist tipped off some investors to an $8 billion increase in government health care spending. now, cnbc's eamon javers has new details about this grisly story. once again, good evening, eamon. >> good evening, larry. the new details are that the law and lobbying firm green and troutwig has received and is responding to a subpoena from the s.e.c. in this matter. they are involved in a situation here, because the allegation is that a separate firm called hight securities sent a tip to wall street clients that changes were coming to medicare. there was an employee involved in the chain of communication of e-mails of some of this information. now greenbergtroutwig also saying today they're going to get out of the business of so-called political intelligence. that's when firms in
he wants to end the spending cuts so he can raise taxes. you know it and i know it. and kevin brady knows it. thank you, mr. brady, we appreciate it. >> thank you. >> very much. now, folks, some more bad news. i don't know. a huge insider trading scandal broke earlier this month. a washington lobbyist tipped off some investors to an $8 billion increase in government health care spending. now, cnbc's eamon javers has new details about this grisly story. once again, good evening,...